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Junior ISA
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Summary Box - Key Product Information for our Savings Accounts |
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Account Name |
Junior ISA |
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Interest Rates (AERs) |
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Tax Status |
• Tax free subject to current legislation which may change in the future. |
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Conditions for bonus payment |
• N/A |
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Withdrawal arrangements |
• No withdrawals are allowed until the child reaches 18. |
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Access |
• Branch / Post.Download an application form to complete and send or bring into a branch with relevant ID and initial deposit. |
• Minimum Opening Balance: £1.
• Maximum: £3,600 per tax year
- Available to young people who:
- Will be under the age of 17 at 5th April 2012
- Do not have a Child Trust Fund account
- UK Resident
- All accounts must be administered by a registered contact, see Terms & Conditions.
- Upon maturity at the child's 18th birthday, the Society will write to investors with details of the options available to them. If no instructions are received at that time, the JISA will be transferred to a holding account, which is also tax free under current legislation, but may not be the same interest rate.
- Available only to investors residing in the LE, DE and NG postcodes and existing members
How to apply
Opening an account with The Loughborough could not be easier – in the product information above is an application form, download and complete this form and take or post it to your nearest branch.
You will also need to bring along identification and your initial investment. All postal applications need to be sent to our Head Office
Alternatively, you can call us on 01509 631 960 or request a call back at a time convenient to you.
